1 min read · 10 March 2014
Alliance Laundry Holdings LLC has closed its buy of Primus Laundry Equipment Group. No financial terms were disclosed. BMO Capital Markets advised Alliance Laundry on the transaction. Alliance Laundry is an indirect subsidiary of ALH Holding, a portfolio company of the Ontario Teachers’ Pension Plan, and managed by Teachers' Private Capital. Primus Group, which is headquartered in Gullegem, Belgium, markets commercial washer-extractors, tumbler dryers, ironers and feeding and folding equipment under the Primus, Lavamac and Deli brands. Update: Teachers bought the Ripon, WI-based Alliance Laundry from U.S. private equity firms in 2005 for US$450 million.
3 min read · 10 March 2014
Among the most important terms in any private equity transaction are the size and structure of the management equity incentive plan. Offering an attractive incentive plan can help a sponsor convince a CEO or founder to choose its proposal over competing bids and create incentives that catalyze growth.
5 min read · 10 March 2014
The U.S. Securities and Exchange Commission has revealed an interesting case involving a private equity GP allegedly misallocating fund capital to pay off expenses, sister website peHUB reported. The case suggests that as the SEC conducts more first-time examinations of private equity firms it is keeping a close eye on how expenses get allocated.
3 min read · 10 March 2014
Efforts to negotiate a consensual restructuring at Energy Future Holdings, the embattled Texas utility, are looking bleaker, and a long bankruptcy is becoming the most likely option, according to several people close to the matter.
3 min read · 10 March 2014
U.S. buyout firm GTCR has acquired British credit checking agency and consumer data provider Callcredit Information Group alongside the group’s management, sister news service Reuters reported.
2 min read · 10 March 2014
2 min read · 10 March 2014
3 min read · 10 March 2014
1 min read · 10 March 2014
2 min read · 10 March 2014
